Wave 5 in Oil
Diupdate
In my previous chart on 
USOIL, I forgot a general rule of the Elliott wave pattern: wave number 4 doesn't overlap with wave 2.
Well okay, it overlapped slightly... But as soon as it did it jumped up. It seems like wave number 4 is completed and we are now moving up again.
I'm hoping the price still goes down a bit so I can get a nice entry, otherwise, I might just have to skip this leg.
It is never a good idea to chase a price. Just set an entry and a target and stick to it.
USOIL, I forgot a general rule of the Elliott wave pattern: wave number 4 doesn't overlap with wave 2.Well okay, it overlapped slightly... But as soon as it did it jumped up. It seems like wave number 4 is completed and we are now moving up again.
I'm hoping the price still goes down a bit so I can get a nice entry, otherwise, I might just have to skip this leg.
It is never a good idea to chase a price. Just set an entry and a target and stick to it.
Catatan
well the candle on the 6th of October was unexpected haha
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.